Conference Call with Exide Industries Management and Analysts on Q4FY26 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Auto Parts & Equipment company Exide Industries announced Q4FY26 & FY26 results Q4FY26 Financial Highlights: Revenue: Rs 4,551 crore against Rs 4,159 crore during Q4FY25, change 9%. EBITDA: Rs 530 crore against Rs 467 crore during Q4FY25, change 13%. PBT: Rs 420 crore against Rs 343 crore during Q4FY25, change 22%. PAT: Rs 312 crore against Rs 255 crore during Q4FY25, change 22%. EPS: Rs 3.68 for Q4FY26. FY26 Financial Highlights: Revenue: Rs 17,269 crore against Rs 16,588 crore during FY25, change 4%. EBITDA: Rs 1,943 crore against Rs 1,893 crore during FY25, change 3%. PBT: Rs 1,491 crore against Rs 1,441 crore during FY25, change 3%. PAT: Rs 1,111 crore against Rs 1,077 crore during FY25, change 3%. EPS: Rs 13.07 for FY26. Avik Roy, MD & CEO, said: 'Q4FY26 built on the gains observed in Q3 - GST rationalization continued to boost end-customer demand across the automotive sector, supported by strong replacement market and energy storage demand. Macroeconomic conditions in India remained favourable with low inflation, lower Repo rates and positive rural and urban sentiment. However, the West Asia conflict created challenges on two fronts: firstly, the rate escalation and timely availability of LPG, Plastics and Sulphuric Acid; se·condly, freight cost escalation due to closure of multiple shipping routes and unavailability of containers. Sustained depreciation of Rupee vs. USO put further pressure on our input costs. In this environment, the Company's priority has been on managing profitable growth and focusing on preserving cash. The Company continues to deliver stable performance along with maintaining strong balance sheet and positive cash flow generation, thereby establishing the strength of our brand, trade network and OEM relationships. During the quarter, the Company achieved 25%+ growth in the auto OEM business. Inverters and Solar businesses showed robust growth (mid-to-high teens), while auto replacement and infrastructure businesses (excluding te/ecom) also showed double-digit growth. International business was impacted amid geo-political conflicts. We expect the auto replacement, inverters and auto OEM businesses to continue their strong growth momentum into Ql of current financial year. The Company continues to focus on better sales mix, innovative products and achieving cost efficiencies in its manufacturing facilities. Various investments in improving the Lead Acid Battery manufacturing technologies have started showing results. The Company is planning investments in process automation to further drive operational efficiency and improve quality. In the lithium-ion cell manufacturing project, installation and commissioning work is progressing in full swing. Customer sample deliveries to begin shortly for the cylindrical cells, and production trials to be initiated for the prismatic cells.' Result PDF